Episode 24
The Lessons Of Namecoin
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In this episode I talk about Namecoin, the first altcoin and its lessons for the Crypto space as a whole. Namecoin was the first “altcoin” and sought to create a decentralized DNS service, an internet that wasn’t controlled by ICANN and not subject to censorship. It’s goals were laudable, the ability for it to achieve these goals are debatable, however It’s failure is one that plagues Bitcoin itself. Near total lack of understanding of the limits, wants and abilities of consumers.
I talk about…
Today we discuss
- History of Namecoin
- Why it Failed
- Why Developer Centric companies are failing
- Why Marketing Centric projects fail
- How we can move forward
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